Case Study: Fluent Money reduces identity fraud with TrustID ID scanning

Fluent Money cuts identity fraud in seconds with TrustID

Fluent Money, the UK's largest second charge distributor, faced the challenge of protecting its intermediaries and lenders from the increasing threat of identity fraud. To enhance their compliance and Know Your Customer (KYC) procedures, they invested in an ID scanning solution from TrustID.

TrustID provided an advanced ID scanning system that authenticates documents' security features, both visible and hidden, and compares chip data within seconds. This solution allowed Fluent Money to instantly validate identity documentation, ensuring the cases they send to lenders are fraud-free. The implementation took their regulatory procedures to a new level and helped eradicate identity fraud, reducing exposure to fraud for both themselves and their lenders.

Fluent Money